Press Releases

Two events have served as the catalyst for improved US rolling margins and have spurred numerous investments in capacity. First came the US anti-dumping and countervailing duty investigations on Chinese foil and common alloy products which decimated such trade between the two countries. In the aftermath of the Section 232 and 301 investigations, China retaliated by slapping a 50% import duty on US aluminium scrap, again collapsing such trade. The dumping cases brought life to a US r

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Harsco Corporation announced today that its Environmental division has signed a 7-year contract with Moon Iron and Steel Company (MISCO).  The contract, valued at $38 million, calls for the provision of mill services at Moon Iron and Steel Company S.A.O.C. (MISCO)’s upcoming steel manufacturing facility in Sohar, Oman. Under the terms of the agreement, Harsco will provide under-furnace digging and clean-up, internal scrap collection and processing, metal recovery, materia

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One of China's largest steel producers recently awarded Primetals Technologies an order to optimize the processes of one of its continuous casters. This meant that the leading supplier of automation systems in the metallurgical industry celebrated its 150th order in the last ten years alone for process automation systems (Level 2) in continuous casting. Advanced automation packages and cyber-physical models are in especially high demand. Continuous caster operators save time and money by

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Aluminium China and Lightweight Asia 2019, which will be held by Reed Exhibitions from July 10th to 12th, will showcase a new chapter in the aluminium industry by exploring the green manufacturing trends involved in the developments and products in the automotive, construction, transport, aerospace and consumer durables industries. Aluminium Leading the Boom in Consumer Electronics with White Goods In recent years, in order to meet modern consumers’

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The year 2019 marks the 15th anniversary of Aluminium China. Building on the success of the past 14 editions, Aluminium China 2019 will keep focusing on raw materials, semi-finished and finished products, machinery and solutions for the complete industry chain in the fields of construction, building, automotive, transportation and consumer durables. As the leading aluminium exhibition in Asia, it gathered 600 leading exhibitors and 24,789 trade visitors and buyers from 91 countries at its las

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ArcelorMittal (‘the Company’) announces that yesterday it completed the sale to Liberty House Group (‘Liberty’) of several steelmaking assets that form the divestment package the Company agreed with the European Commission (‘EC’) during its merger control investigation into the Company’s acquisition of Ilva S.p.A. Assets included within the divestment package are: ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), Arcelo

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Minyuan I&S Group in Shandong, China, ordered from Danieli a new mill for 12- to 40-mm rebar, produced at up to 240 tph from a 165-mm, 2,300-Kg billet.   The main equipment to be installed includes four SHS housingless stands followed by two four-pass finishing blocks. Through an advanced multi-strand slit-rolling system, rebars from 12 to 22 mm will be rolled on two strands at finishing speed higher than 40 mps. On-line water-cooling system will ensure a final product

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Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it has amended its joint venture with the Saudi Arabian Mining Company (Ma’aden) in which Alcoa holds a minority, 25.1 percent stake. The joint venture was created in 2009 as a fully integrated aluminum complex in the Kingdom of Saudi Arabia, comprised of three entities: the Ma’aden Bauxite and Alumina Company (MBAC; the bauxite mine and alumina refinery), the Ma’ade

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SteelSummit Holdings, a leading national metals service center and trading company, today announced the acquisition of Magic Steel Sales. Terms in the all-cash deal were not disclosed. With approximately $200 million in sales, Magic Steel Sales is a leading steel service center company headquartered in Grand Rapids, Michigan. The company was founded in 1974 by Joe Maggini and operates service centers in Grand Rapids, Michigan and Decatur, Alabama. "We are very excited

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System Seals Inc., a research-based seal manufacturer, has acquired Plastoseal Produktions GmbH, an Austrian-based seal manufacturer focused on highly engineered sealing solutions. The acquisition enhances System Seals' GlobalOne program – a comprehensive approach to managing supply chain logistics for seal customers worldwide. System Seals and Plastoseal are leaders in advanced seal design with the goal of reducing the total cost of equipment ownership for OEMs, end users

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